Hi Darin, thanks for putting in your technical analysis in for the energy market.
I have a question for you. Your definition of your intermediate term trends and consequently short term and long term trends is not quite clear.
I am used to performing swing charts on commodities to determine these three scenarios. The intermediate term trend i eventually trade after determining where we are at the moment (for the particular commodity I am analysing)
Is your analysis based on swing charts? Or do you determine these three trends using different technical analysis?
Thanks
Abiodun

Posted by ABIODUN AWOLAJA at
9:11AM CDT 07/29/15

Hi Abiodun and thank you for your comments. I have a very simplistic view of trend timeframes: Major (long-term) is what I see on monthly charts, Secondary (intermediate-term) trends are on weekly charts, and minor (short-term) trends are the patterns I see on daily charts. These trends can all be different for a particular commodity (e.g. Crude oil: minor down, secondary down, major up). I look for the same turn signals (e.g. reversals, crossovers by stochastics, etc.) for all three, with more importance put on the longer term signals (monthly vs. weekly, weekly vs. daily). Thanks again for your questions and comments.

Posted by DARIN NEWSOM at
7:56PM CDT 07/29/15

Thanks for the clarity Darin.
I really appreciate the level of undemanding you bring into these analysis
Regards
Abbey

Posted by ABIODUN AWOLAJA at
4:03AM CDT 08/02/15

You're welcome Abbey. And note that I also post monthly analysis of the energy sector that looks at the major (long-term) trends.
Thanks again for your comments.

Posted by DARIN NEWSOM at
10:28AM CDT 08/02/15

Monday 07/20/15

The Many Trends of the USDX

The U.S. dollar index is higher again Monday morning. Does it change trend signals on its charts?[Read Full Blog Post]